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Investors' ravenous demand for high-yield municipal bonds has created an optimal environment for lower-rated issuers, analysts say.
May 27
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Nearly a quarter of Detroit's buildings suffer from blight, and it would take $2 billion to fix the problem across the city, according to a report released Tuesday.
May 27 -
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Airport deals will dominate the shortened holiday week, as volume drops to a scheduled $4.1 billion from $6.24 billion in the past week.
May 25 -
Martha Kopacz, municipal finance expert witness to the Detroit bankruptcy case, asked the court Friday to force the city and Ernst & Young to turn over key documents that they have so far refused to release.
May 23
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The Virginia Tobacco Settlement Financing Corp. plans to draw on reserves Dec. 1 because revenues won't be sufficient to pay debt service.
May 23
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Bond insurer Syncora Guarantees appeal of a key Detroit bankruptcy matter was assigned to a judge Thursday.
May 23 -
Travel executives say under-investment in U.S. transportation infrastructure threatens the nation's global standing.
May 23
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A de Blasio administration official disputed a Barclays report that called New York City's agreement with the United Federation of Teachers a credit negative.
May 23
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Municipal mutual funds reported inflows increased to $663.6 million in the week ended May 22 from $616.5 million of inflows the week before.
May 22 -
The Bond Buyer's muni bond indexes mostly weakened in the week ending May 22.
May 22 -
Proposals to keep federal transportation funding at current levels will worsen the existing backlog of transit system deferred maintenance.
May 22
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The Senate passed a $12.3 billion water infrastructure bill Thursday by 91-7, two days after the House approved it.
May 22
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The Michigan House Thursday overwhelmingly and speedily passed legislation aimed at resolving Detroit's bankruptcy and creating oversight for the post-bankrupt city as it exits bankruptcy.
May 22
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Southwest Airlines' newfound freedom to begin serving long-haul destinations from Dallas Love Field Airport in October poses risks for smaller airports left behind, Fitch Ratings warns.
May 22
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Tax-exempt money market funds reported inflows of $913.9 million in the week ended May 20, raising total net assets to $258.64 billion according to The Money Fund Report, a service of iMoneyNet.com.
May 22
